New Choice For International Residence
Thu Nov 09 2017 00:00:00 GMT+0800 (CST)
Stanford Residences obtains significant market performance Layout in Shanghai makes steady progress
In September this year, the high-end serviced apartment brand, under the leader of Hong Kong real estate industry K. Wah International Holdings Ltd. (K. Wah International for short, Hong Kong Stock Code: 0173)，Stanford Residences launched its third project - Stanford Residences Jin Qiao in Jinqiao, Pudong. Following the successful operation of Stanford Residences Jing An and Stanford Residences Xu Hui, the launch of this project will bring new residential options for families traveling in Shanghai. This new project was launched in only 3 months after the operation of the second high-end serviced apartment, Stanford Residences Xu Hui, demonstrating the determination and confidence of Stanford Residences to accelerate and enrich the market layout of high-end serviced apartments in Shanghai.
According to reports, following the success in building Stanford Residences Jing An, located in the prosperous CBD of Nanjing West Road in Jing’an District, and Stanford Residences Xu Hui, located in the key section of Jianguo West Road of Xuhui District and combining rich French style, Stanford Residences Jin Qiao, built by K. Wah International this time, will be a new choice for elite families traveling in Shanghai, especially in Pudong, with the vibrancy of its world-class cosmopolitan ambiance.
Adjacent to Pik Wan international community known as “Small UN” in Jinqiao, Stanford Residences Jin Qiao boasts multi-level mature and perfect living facilities, including international schools, leisure centers, shopping malls, hotels, and foreign medical facilities. 7*24-hour five-star butler service helps the elite families traveling and living in Shanghai quickly integrate into the local life. Green waterfront landscaped gardens and jogging trails surrounded by fruit trees and green plants in four seasons also enrich the perfect and natural environment required for tenants to enjoy a healthy lifestyle. 102 sets of exquisite apartments, covering an area ranging from 86 m2 to 214 m2 and various room types, including 2-bedrooms units, 2-bedrooms and 1-study room units, and 3-bedrooms and 1-study room units, meet the needs of different families. In addition, different from the system of annual rental only of the other two Stanford Residences serviced apartments, Stanford Residences Jin Qiao, starting from more practical needs of traveling families, has created a new model of monthly rental and constantly enriched the housing options of traveling families.
Mr. Leo Lee, Associate Director of K. Wah (China) Investment Limited, said: “Shanghai, as an international metropolis and a representative of global economic integration, is attracting more and more overseas talents. And Jinqiao is gradually becoming one of the most densely populated areas of foreign families in Shanghai and Pudong New Area. Based on Stanford Residences Jin Qiao, we hope to further enrich and improve the industrial chain of Ka Wah International in the Mainland and promote the diversified development of Ka Wah International, as well as to provide high-end inhabitant experiences with consistent high quality to more families traveling in Shanghai, making Stanford Residences brand serviced departments become the first choice of “quality home” for more travelers in Shanghai.”
Since 2015, Stanford Residences has launched three serviced apartment projects with different styles and locations in Shanghai to meet the needs of different families. It is based on the precise market insight of K. Wah International and the consistent high quality of Stanford Residences brand that the previously launched projects of Stanford Residences Jing An and Stanford Residences Xu Hui have obtained the acclaim in the industry and market depending on their careful site selection for convenient and developed traffic, high-quality hardware facilities and professional butler services, and the occupancy rate and tenant satisfaction has been the leader in the same type high-end serviced apartment market in Shanghai: since formally put into comprehensive operation in May 2016, the occupancy rate of Stanford Residences Jing An has remained at about 90% for more than a year, and for the launched 66 sets of apartments at the first stage by Stanford Residences Xu Hui, which was just put into operation in June this year, the current occupancy rate has reached 90%.
The year 2017 has witnessed the great efforts and remarkable achievements made by Stanford Residences brand in the high-end serviced apartment market in Shanghai. Since Shanghai is constantly attracting more and more international and domestic elites and with the further support for “renting and purchasing” and “leasing market” by national policies, the future high-end serviced apartment market in Shanghai has bright prospects. And Stanford Residences will continue to focus on the high-end serviced apartment area and provide more traveling families with a quality home by sticking to its management idea.